HSBC MSCI Canada UCITS ETF

HCAN.L

HSBC

HSBC MSCI Canada UCITS ETF (HCAN.L) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.27%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 99.27%

Halal 41.02%
Doubtful 1.50%
Not halal 56.74%
Not rated 0.73%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer: HSBC
Venue (where it trades): United Kingdom
Domicile (where it is registered): Ireland
Reporting currency: GBp
Expense ratio: 0.35%
AUM: 1.03M GBP
Holdings: 80 (79 screened)
Basket as of (provider): 3 Nov 2026
Basket fetched by Akinda: 3 Nov 2026
Verdict updated: 3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	41.02%	56.74%
DJIM	Not halal	41.94%	55.82%
FTSE	Not halal	32.01%	65.75%
MSCI	Not halal	32.01%	65.75%
S&P	Not halal	41.30%	56.46%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 80 holdings, largest first · basket as of 3 Nov 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	RY.TORoyal Bank of Canada	8.99%	Not halal	Not halal	Not halal	Not halal	Not halal
2	TD.TOThe Toronto-Dominion Bank	6.63%	Not halal	Not halal	Not halal	Not halal	Not halal
3	SHOP.TOShopify Inc Registered Shs -A- Subord Vtg	6.58%	Halal	Halal	Not halal	Not halal	Halal
4	BMO.TOBank of Montreal	3.72%	Not halal	Not halal	Not halal	Not halal	Not halal
5	CNQ.TOCanadian Natural Resources Ltd	3.68%	Halal	Halal	Halal	Halal	Halal
6	BNS.TOBank of Nova Scotia	3.66%	Not halal	Not halal	Not halal	Not halal	Not halal
7	ENB.TOEnbridge Inc	3.38%	Not halal	Not halal	Not halal	Not halal	Not halal
8	CM.TOCanadian Imperial Bank of Commerce	3.35%	Not halal	Not halal	Not halal	Not halal	Not halal
9	SU.TOSuncor Energy Inc	3.02%	Halal	Halal	Halal	Halal	Halal
10	AEM.TOAgnico Eagle Mines Ltd	2.84%	Halal	Halal	Halal	Halal	Halal
11	CP.TOCanadian Pacific Kansas City Ltd	2.56%	Halal	Halal	Halal	Halal	Halal
12	BN.TOBrookfield Corp Registered Shs -A- Limited Vtg	2.42%	Not halal	Not halal	Not halal	Not halal	Not halal
13	MFC.TOManulife Financial Corp	2.37%	Not halal	Not halal	Not halal	Not halal	Not halal
14	TRP.TOTC Energy Corp	2.09%	Not halal	Not halal	Not halal	Not halal	Not halal
15	CNR.TOCanadian National Railway Co	2.05%	Halal	Halal	Not halal	Not halal	Halal
16	ABX.TOBarrick Mining Corp	2.04%	Halal	Halal	Halal	Halal	Halal
17	NA.TONational Bank of Canada	1.82%	Not halal	Not halal	Not halal	Not halal	Not halal
18	WPM.TOWheaton Precious Metals Corp	1.77%	Halal	Halal	Halal	Halal	Halal
19	CSU.TOConstellation Software Inc	1.57%	Halal	Halal	Not halal	Not halal	Halal
20	FNV.TOFranco-Nevada Corp	1.42%	Halal	Halal	Halal	Halal	Halal
21	SLF.TOSun Life Financial Inc	1.42%	Not halal	Not halal	Not halal	Not halal	Not halal
22	CVE.TOCenovus Energy Inc	1.38%	Halal	Halal	Halal	Halal	Halal
23	ATD.TOAlimentation Couche-Tard Inc	1.32%	Halal	Halal	Halal	Halal	Halal
24	DOL.TODollarama Inc	1.29%	Halal	Halal	Not halal	Not halal	Halal
25	POW.TOPower Corporation of Canada Shs Subord.Voting	1.13%	Not halal	Not halal	Not halal	Not halal	Not halal
26	CCO.TOCameco Corp	1.10%	Halal	Halal	Halal	Halal	Halal
27	NTR.TONutrien Ltd	1.08%	Not halal	Not halal	Halal	Halal	Not halal
28	IFC.TOIntact Financial Corp	1.08%	Not halal	Not halal	Not halal	Not halal	Not halal
29	FFH.TOFairfax Financial Holdings Ltd Shs Subord.Vtg	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
30	CLS.TOCelestica Inc Ordinary Shares (Subordinate Voting)	1.02%	Doubtful	Not rated	Not rated	Not rated	Not rated
31	FTS.TOFortis Inc	0.95%	Not halal	Not halal	Not halal	Not halal	Not halal
32	PPL.TOPembina Pipeline Corp	0.94%	Not halal	Not halal	Not halal	Not halal	Not halal
33	TECK-B.TOTeck Resources Ltd Class B (Sub Voting)	0.87%	Halal	Halal	Halal	Halal	Halal
34	L.TOLoblaw Companies Ltd	0.87%	Not halal	Not halal	Not halal	Not halal	Not halal
35	K.TOKinross Gold Corp	0.85%	Halal	Halal	Halal	Halal	Halal
36	QSR.TORestaurant Brands International Inc	0.78%	Not halal	Not halal	Not halal	Not halal	Not halal
37	IMO.TOImperial Oil Ltd	0.63%	Halal	Halal	Halal	Halal	Halal
38	BBD-B.TOBombardier Inc Registered Shs -B- Subord Vtg	0.63%	Not halal	Not halal	Not halal	Not halal	Not halal
39	WCP.TOWhitecap Resources Inc	0.57%	Not halal	Halal	Halal	Halal	Not halal
40	WSP.TOWSP Global Inc	0.57%	Halal	Halal	Halal	Halal	Halal
41	TOU.TOTourmaline Oil Corp	0.56%	Halal	Halal	Halal	Halal	Halal
42	PAAS.TOPan American Silver Corp	0.54%	Halal	Halal	Halal	Halal	Halal
43	FM.TOFirst Quantum Minerals Ltd	0.53%	Not halal	Not halal	Halal	Halal	Not halal
44	MG.TOMagna International Inc	0.52%	Not halal	Not halal	Halal	Halal	Not halal
45	TRI.TOThomson Reuters Corp	0.52%	Halal	Halal	Halal	Halal	Halal
46	GWO.TOGreat-West Lifeco Inc	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
47	RBA.TORB Global Inc	0.51%	Halal	Halal	Not halal	Not halal	Halal
48	BAM.TOBrookfield Asset Management Ltd Ordinary Shares - Class A	0.50%	Not halal	Not halal	Not halal	Not halal	Not halal
49	GIB-A.TOCGI Inc Class A	0.49%	Doubtful	Not rated	Not rated	Not rated	Not rated
50	EMA.TOEmera Inc	0.48%	Not halal	Not halal	Not halal	Not halal	Not halal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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